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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (15442)9/24/1998 8:03:00 AM
From: 2brasil  Respond to of 152472
 
Qcom Receives Strong Initial Response for its CDMA NewFifth-generation Chipset and System Software

- Integrated Solution Seen of Significant Value to Handset Manufacturers Worldwide -

ORLANDO, Fla., Sept. 24 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced
growing acceptance for its new fifth-generation Code Division Multiple Access (CDMA) chipset and system software, with
confirmed orders from handset manufacturers worldwide. The announcement follows the on-time shipment in July of samples of
the company's fifth- generation chipset, including the MSM3000(TM) single-chip Mobile Station Modem(TM) (MSM(TM))
and the IFT3000(TM) and IFR3000(TM) fully integrated Intermediate Frequency (IF) chipset.

The new low-power chipset and system software enables design of small form-factor handsets with very long stand-by times
and support for much higher data-rate services, meeting the requirements of today's leading manufacturers of CDMA handsets.

As of September 19, 1998, orders for the MSM3000 CDMA chipset and system software have been confirmed from more
than ten of the world's leading handset manufacturers based in Japan, Taiwan, United States, and including three based in
Korea.

Commenting on the quick acceptance of the new-generation technology, QUALCOMM's ASIC Product Division President
Donald Schrock said, ''The quick adoption of the fifth-generation of our chipset indicates the real value of an integrated
solution for handset manufacturers, and I'm especially pleased to see our partners adopting our new enhanced technology so
soon after its design and initial testing. These manufacturers have recognized the significant benefits to be derived from a
single-chip baseband solution and will be first to market with new handsets that feature lower power consumption and greater
functionality. We look forward to working together to ensure that future generations of our technology provide the competitive
edge our partners have come to expect from QUALCOMM.''

Featuring data rates up to 86.4 kbps, a new microprocessor architecture and several new features, the MSM3000 chip
continues the high standards set by QUALCOMM for integrated, single-chip solutions for manufacturers. The high data rates
will be supported by IS-95B compliant infrastructure and enable effective use of handsets for a new breed of Internet
applications with fast packet switched access to databases, e-mail and web browsing.

The chipset is supported by a full-featured software product including functions for long stand-by times, IS-707 and IS-95B
high data rates, PCS, roaming and more. All software has been extensively tested and debugged in QUALCOMM's CDMA
laboratories and in the field, with multiple infrastructure providers' equipment, for solid CDMA performance customers can
count on.

The MSM3000 chip interfaces directly with the IFT3000 and IFR3000, and with an RF front end, constitutes the system
hardware necessary for an entire IS-95A or IS-95B CDMA compliant subscriber unit. Coupled with QUALCOMM's
superior software and after-market support, QUALCOMM's ASIC Products Division delivers the most comprehensive
CDMA solution available.

The new IFT3000 and IFR3000 are the first chips incorporating the complete IF functionality for a CDMA handset, from
digital baseband converters to Automatic Gain Control (AGC), offering an area reduction of 45 percent over previous IF
solutions and substantially lower power consumption.

Headquartered in San Diego, QUALCOMM develops, manufactures, markets, licenses, and operates advanced
communications systems and products based on its proprietary digital wireless technologies. The Company's primary product
areas are CDMA wireless communications systems and products, the OmniTRACS(R) system (a geostationary satellite-based,
mobile communications system providing two-way data and position reporting services) and, in conjunction with others, the
development of the Globalstar(TM) low-earth-orbit (LEO) satellite communications system. Other Company products include
the Eudora Pro(R) electronic mail software, ASIC products, and communications equipment and systems for government and
commercial customers worldwide. For more information on QUALCOMM products and technologies, please visit the
Company's web site at qualcomm.com.

Except for the historical information contained herein, this news release contains forward- looking statements that are subject to
risks and uncertainties, including timely product development and commercial implementation of the Company's products, as
well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the
year ended September 28, 1997 and most recent Form 10-Q.

QUALCOMM, OmniTRACS and Eudora Pro are registered trademarks and MSM, MSM3000, IFR3000, IFT3000 are
trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services,
Incorporated.



To: Jon Koplik who wrote (15442)9/24/1998 8:37:00 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 152472
 
Jon: Thanks for that post. Nothing like a good slap in the face to get you going in the morning. I now know why it is such a big hassle to get a home loan. The morons in power have screwed up everything else so bad that they have to be ultra conservative with us, the little people.

Care to tell me how they could let an organization get so leveraged? Gee, to get a loan, you are only allowed to have ~40% of your gross in debt how can 'institutions' get to:

<<Earlier this month, Long-Term Capital said it had lost $2.5 billion or 52
percent of its net assets, in trading so far this year. As of Sept. 2, Long-Term
Capital was said to have $2.3 billion in assets with about $90 billion in trading
positions,
the Times said. >>

Do institutions not get margin calls?

(NOTE: These are all rhetorical venting questions, now response required!)


Jeff Vayda



To: Jon Koplik who wrote (15442)9/24/1998 6:15:00 PM
From: Maurice Winn  Read Replies (4) | Respond to of 152472
 
Federal Reserve and Long Term Capital Management rescue. Nice to see all going according to plan. Fed dilutes dollar holders. Dollar holders don't notice. Fed talking of reducing interest rates next week. All grist to the mill for people who own productive assets such as The Q instead of 'Alan G's Promise to Pay' which he keeps whittling away.

On Leap Wireless International, this is somewhat a re-run of NextWave Telecom which crashed in the C-block. I wonder whether the two will be merged to enable a USA wide cdma2000 network using the C-block licences in some deal with the Federal Communications Commission.

I imagine that Harvey White wasn't simply interested in providing the odd cdmaOne handset to a few Russian refugees, Mexican gangsters or Aussie kangaroo catchers. It would be in FCC, NextWave, Leap, Qualcomm and consumer interests for C-block to really get moving. The USA cdmaOne market is really motoring now. A good time to make a move. That will give Harvey a big sandpit to play in and some big moves to make.

I think I'll hang on to my Leap shares for a little while.

Meanwhile, the IPR whining from L M Ericsson continues. Apparently they believe that Qualcomm is wanting to make money from the patents. This is apparently an undesirable aspect of business. Qualcomm even wants to make money from ALL users of cdma systems in future and this is even worse. I'm quite looking forwards to the fight. I doubt it will come to that and L M Ericsson will take what they can get in the way of a licence from Qualcomm.

Bill Clinton isn't getting turfed out. He'll be feeling a bit belligerent too having been harrassed for so long. So any terrorists or IPR thieves had better watch out! He has got dirty great big long Tomahawks. Nelson Mandela made a really good speech - being careful to avoid interfering in USA internal politics, which had everyone roaring with laughter, encapsulating a very popular view around the world and within the USA to the tune of about 70% of the population.

Now the Republicans are looking for a way to slide out of an obviously dead issue. Did they really think they could impeach a President for a trivial offence? Everyone, including the President, offends thousands of laws. Nobody, including the judges, even knows what the laws are. Even a simple thing like taxes on Leap could bamboozle a judge and lawyers.

What is good about the Clinton investigation, from an international investor's point of view, is to see that in the USA, anyone can be dragged through the muck and they had better be reasonably clean or they'll find themselves in jail! That's great. This investigation of Clinton and cronies has served a good purpose in that regard. Long may seekers of public office fear exposure of their misdeeds. Money will continue to flood into the USA while they keep the bureaucrats in line and the SEC keep crooks in business down.

But save actual impeachment for high crimes, not lowly little crimes with no victim.

Mqurice